Oppenheimer Has Lowered Expectations for Modine Manufacturing (NYSE:MOD) Stock Price

Modine Manufacturing (NYSE:MOD) had its price target cut by investment analysts at Oppenheimer from $260.00 to $215.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the auto parts company’s stock. Oppenheimer‘s price target would suggest a potential upside of 124.15% from the stock’s previous close.

Several other equities research analysts also recently weighed in on MOD. Robert W. Baird assumed coverage on shares of Modine Manufacturing in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $300.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of Modine Manufacturing in a research report on Tuesday, August 25th. KeyCorp dropped their price objective on shares of Modine Manufacturing from $280.00 to $225.00 and set an “overweight” rating on the stock in a research note on Wednesday. Zacks Research cut Modine Manufacturing from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th. Finally, Wall Street Zen lowered shares of Modine Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $264.89.

Modine Manufacturing Price Performance

NYSE MOD traded up $4.53 on Thursday, reaching $95.92. 2,970,915 shares of the company’s stock traded hands, compared to its average volume of 1,417,418. Modine Manufacturing has a 12 month low of $87.84 and a 12 month high of $323.25. The stock has a market cap of $5.09 billion, a PE ratio of 40.13, a P/E/G ratio of 0.44 and a beta of 1.86. The stock has a 50-day simple moving average of $166.23 and a 200 day simple moving average of $214.16. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.04 and a quick ratio of 1.22.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings results on Tuesday, November 3rd. The auto parts company reported $1.35 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.12). The company had revenue of $994.40 million during the quarter, compared to the consensus estimate of $978.31 million. Modine Manufacturing had a return on equity of 25.59% and a net margin of 4.28%. The business’s revenue was up 34.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share. As a group, research analysts predict that Modine Manufacturing will post 7.02 earnings per share for the current year.

Institutional Investors Weigh In On Modine Manufacturing

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in Modine Manufacturing in the 2nd quarter valued at $765,540,000. Paradigm Capital Management Inc. NY acquired a new stake in shares of Modine Manufacturing during the 2nd quarter valued at approximately $388,140,000. Janus Henderson Group PLC increased its position in shares of Modine Manufacturing by 2,249.9% in the first quarter. Janus Henderson Group PLC now owns 523,507 shares of the auto parts company’s stock valued at $113,459,000 after buying an additional 501,229 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of Modine Manufacturing in the second quarter valued at about $123,873,000. Finally, Blue Whale Capital LLP acquired a new stake in Modine Manufacturing during the 2nd quarter valued at $123,747,000. 95.23% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Modine Manufacturing

Here are the key news stories impacting Modine Manufacturing this week:

• Positive Sentiment: Management raised its fiscal 2027 outlook, with reported expectations of 52.5% revenue growth and more than 50% adjusted EBITDA growth. The company cited accelerating data-center demand and plans to expand production capacity. Article: Modine Freefalls: AI Apocalypse Fears Meet Multi-Year Growth Tailwinds
• Positive Sentiment: Modine recorded a quarterly order intake of about $1 billion, highlighting potential for continued growth from AI-related data-center infrastructure demand. Article: Modine posts record $1B quarterly order intake on AI data center demand
• Neutral Sentiment: Analysts cut price targets—including UBS to $160 from $355—but retained positive ratings, including “buy.” The revisions reflect a more cautious valuation view even as analysts see substantial potential from current levels. Article: UBS Adjusts Modine Manufacturing Price Target
• Negative Sentiment: Fiscal second-quarter earnings missed analyst estimates; reports also cited weaker margins and faster cash burn. Negative free cash flow and rising net debt add to concerns about execution and the sustainability of AI-related spending. Article: Modine Q2 Earnings Miss: Is the Stock a Buy, Hold or Sell?

Modine Manufacturing Company Profile

Modine Manufacturing Company (NYSE: MOD) is a diversified thermal management company that develops and manufactures solutions for managing heat in vehicles, equipment, buildings and industrial systems. Its products are designed to improve efficiency, reliability and performance across a range of applications.

The company serves the automotive, commercial vehicle, off-highway, power generation, data center, heating, ventilation, air conditioning and refrigeration markets. Its offerings include heat exchangers, radiators, charge air coolers, battery and power electronics cooling systems, liquid-cooling equipment, coils and other thermal management components and systems.

Founded in 1916 by Arthur B.